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Sarantaniani - 26 Group
In this Group: Clotilde, Sonia, Claudia, Patricia Rosa, Rosy Reyna, Pacesa, Efrain, Cristina
The communal bank "SARANTANIANI – 26" is made up of eight members, seven women and one man. The president of the communal bank is Clotilde. She is 40 years old and married. She has 3 children, aged 22, 10 and 3. All are in school and still depend on her. Clotilde works selling food. This is her first loan cycle within the institution. Clotilde will use this loan to buy ingredients on a wholesale basis to prepare food, such as rice, a variety of noodles, and cooking oil. In this way she will increase her working capital. Clotilde faces challenges in her business such as the competition. She will use the benefits to improve her quality of life. Clotilde is a very hard-working person. She feels proud and happy about her work and the support provided to her by the institution.
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El Banco de Emprendimiento SARANTANIANI – 26 esta compuesto por ocho integrantes siete mujeres y un varón, la presidenta del banco de emprendimiento es la Sra. Clotilde tiene 40 años esta casada tiene 3 hijos de las edades de 22, 10 y 3, todos en edad escolar, todavía dependen de ella, la Sra. Clotilde se dedica a la venta de comida, esta es su primera secuencia dentro de la institución, la Sra. Clotilde utilizara este préstamo para la compra insumos por mayor para la elaboración de comida, como arroz, variedad de fideos y aceite y así de esta manera incrementar su capital de trabajo, la Sra. Clotilde enfrenta retos en su negocio que son la competencia y utilizara los beneficios para mejorar su calidad de vida, la Sra. Clotilde es una persona muy trabajadora, se siente orgullosa y feliz por su trabajo y por el apoyo que le brinda la institución.

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $5,500
    Average annual income
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarantaniani - 26 Group's $2,150 loan helped a member to buy ingredients to make food to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2012
Listed
Apr 20, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012